Gold has surged to its highest level in almost three months, breaking decisively above US$4,500 an ounce as falling US Treasury yields and a weaker US dollar reignited demand for the precious metal.
Spot gold climbed as much as 3.7% during Wednesday trading, reaching around US$4,495 per ounce, before pushing higher. Spot prices later reached…
SPOT : The spot price reflects Gold, Platinum, or Silver’s paper market value, but the real cost of bullion is higher due to dealer premiums, minting, shipping, and market demand.
SPOT PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PHYSICAL : The actual price of physical Gold, Platinum, or Silver is always higher than the paper spot price. This is because the spot price represents the paper or electronic market value, not the physical metal in your hand.
PHYSICAL PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
